trader_ozyw

trader_ozyw

* Not a Financial advise * Few weeks ago i wrote about this idea but at that time I was wrong about with flags and pennants position. I revized my idea with this chart. 2-3 days left until destiny for BTC but If this formation will work then all i can say "Welcome to the Hell" for BTC. If you see a daily candle close below this bearish flag then run for your life...

trader_ozyw Updated 

* Not a financial advice * According to Bullish Cypher pattern and EMA 200 position with previous movements, target is around 40-41K.

trader_ozyw Updated 

* Not a financial advice * Previous Bullish Cypher Idea revized version.

trader_ozyw

Just for fun.

trader_ozyw

* Not a financial advice * BTC is formed Harmonic Pattern, Bullish Cypher. Idea comfirmed with EMA 200 position, Bollinger Bands and triangle. I've checked this idea with 2hr, 4hr and daily time frames. IMPORTANT: This is my personal analyze and idea. Please do your own research and check other ideas before deciding with opening positions.

trader_ozyw Updated 

BTC formed bearish butterfly pattern and possibly nearest target is around 33k minimum.

trader_ozyw

*** Not a financial advice *** There are signs that BTC may fall to 22-21K. It is not exact of course but i compare it with past behavior and comfirm it with indicators. In this scenario i copied candle pattern from rally starting at a point until to ATH (All time high) and reversed it to see if there is a similarities with falling. I used Fibonacci Bollinger...

trader_ozyw

Details explained in the chart pattern.

trader_ozyw

BTC long - explained in the chart

trader_ozyw Updated 

All in the daily schematic

trader_ozyw

BTC cup and handle or Adam & Eve scenario in this chart

trader_ozyw

Short positions needs to be careful now. Bullish pennant pattern discovered.

trader_ozyw

BTC short idea revized

trader_ozyw

BTC is still in triangle!

trader_ozyw

According to harmonic pattern there is a chance that BTC can fall back to around 32k.

trader_ozyw

*Not a financial advice* Critical hours for BTC, MA 50 may cross up MA 200 and this can be considered as a golden cross for traders if BTC can close last 2-6 hours on MA 200. If it falls below MA 200 then death cross can be expected instead. Both short and long positions are too risky at this moment. Consider set stop loss for your position if you still want to...

trader_ozyw

I know most people are exicted thinking it will go up but i think it will go down if it can't hold on EMA 200.

trader_ozyw

BTC looks like in downward rally